OpenAI's CEO testifies before the US Congress to propose a licensing system for the creation of Artificial Intelligence. Hear his thoughts on the potential implications of AI and the need for regulation.

To propose licensing for creating AI, the head of OpenAI testifies before the US Congress.

The CEO of OpenAI, the company that created ChatGPT, plans to address Congress on Tuesday and ask Congress to take into consideration mandatory licensing for businesses that create potent artificial intelligence like the kind that powers its chatbot.

CEO Sam Altman is expected to support licensing or registration rules for AI with specific skills in his first appearance before a legislative panel, according to his written remarks. In this manner, the United States can hold businesses accountable for upholding safety regulations, such as testing systems ahead of time and disclosing the results.

“Regulation of AI is essential,” Altman stated in the prepared remarks, which were obtained by Reuters.

Companies of all sizes have been vying for market share in the race to introduce increasingly nimble AI, investing billions of dollars and infinite amounts of data. Some detractors worry that the technology would make social ills—like bias and false information—worse, while others express concern that AI may put an end to mankind as we know it.

To discuss AI, the White House gathered leading technology CEOs, including Altman. Additionally, US politicians are pushing for steps to increase the technology’s advantages and national security while preventing abuse. There is no guarantee of consensus.

According to Reuters, an employee of OpenAI recently suggested establishing the Office for AI Safety and Infrastructure Security, or OASIS, as a U.S. licensing body for AI.

Although he favored “a governance regime flexible enough to adapt to new technological developments” and “regularly update the appropriate safety standards,” Altman did not address OASIS in his written evidence.

According to technology experts, licenses might drive out smaller businesses or cause them to become irrelevant if AI develops too quickly, but they would also help the United States focus monitoring and prevent exploitation.

Microsoft Corp. is a supporter of OpenAI. Additionally, Altman is urging international cooperation in AI and financial incentives for safety compliance.

According to the heads of the Judiciary Committee’s subcommittee on Privacy, Technology, and the Law, the hearing on Tuesday is a significant step toward U.S. supervision.

“AI is no longer a science fiction or fantasy concept. According to Senator Richard Blumenthal, the chair of the subcommittee, “it is real, and its consequences for both good and evil are very clear and present.” According to him, it is crucial that AI does not cause an explosion of identity fraud and misinformation, and the sector should be held accountable and transparent.

Christina Montgomery, the chief privacy and trust officer of International Business Machines Corp. (IBM.N), will also testify on Tuesday. She is anticipated to encourage Congress to concentrate legislation on areas that have the greatest potential to harm society.


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